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To: Jim Bishop who wrote (14432)	11/16/1999 3:55:00 PM
From: SSP	Read Replies (2) \| Respond to of 150070

Nov. 16, 1999--NuMED Home Health Care, Inc. ("NuMED") (OTCBB:NUMD,NUMDW) announced today a signed letter of intent from Capital General Corporation (CGC) to acquire 80.9% of NuMED Home Health Care, Inc. by an issuance of 25,000,000 shares of NuMED common stock. In exchange NuMED will own approximately 45% of CGC, will have (for a two-year period) all acquisitions targeted by CGC in the health care field and upon closing will have a $2,500,000 loan for working capital. The proposed effective date for the transaction is December 31, 1999. The transaction is subject to approval by the Board of Directors of both NuMED and CGC, and execution of a definitive agreement and a closing pursuant to the terms thereof. Susan J. Carmichael, NuMED President and CEO, stated, "This is an exciting arrangement for NuMED as we chart an energetic strategy for the future, developing new business lines and making acquisitions that complement the present base. We look forward to working with the members of CGC." William D. Dickerson, CGC President and CEO, stated, "NuMED is exactly the kind of home health corporation we have been looking to acquire. Our expertise will blend with that of NuMED's management team and we anticipate major growth." NuMED Home Health Care, Inc. is headquartered in Clearwater, and operates eight wholly owned subsidiaries providing home health care services and temporary nursing staffing in selected markets in Florida, Ohio and Pennsylvania and contract rehabilitation staffing of physical and occupational therapists and speech/language pathologists in selected markets in Ohio, Pennsylvania, and Kentucky. Except for historical information, the matters discussed in this news release that may be considered forward-looking statements may be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected, including uncertainties in the market, pricing competition, procurement and manufacturing efficiencies, and other risks detailed from time to time in reports filed by the Company with the Securities and Exchange Commission. The Company assumes no obligation to update the information in this release. --30--gaa/mi* CONTACT: NuMED Home Health Care Inc., Clearwater Susan J. Carmichael, President and CEO, 727/524-3227 or CGC William D. Dickerson, President and CEO, 225/927-2900